Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like Apple and Nvidia.

The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the election.

Christopher Waller. The Nasdaq Composite was down 0.1%. The Dow was down 82 points, or 0.2%, but that was because of UnitedHealth Group’s 4.7% slide, which shaved 155 points off the blue-chip index.

4, according to Dow Jones Market Data ... markets Yields turned broadly lower on Thursday after Fed Gov. Christopher Waller spoke with CNBC and opened the door to the possibility of three to ...

The Fed’s preferred inflation gauge, the personal-consumption-expenditures price index, rose 2.4% in November from a year earlier. Excluding volatile food and energy, the gauge rose 2.8%.

(Bloomberg) -- Stocks struggled to make headway after a solid rally, while bond yields dropped on dovish remarks from Federal Reserve Governor Christopher ... The Dow Jones Industrial Average ...

Investors are coming off a strong session after a moderate improvement in core inflation in December’s consumer price index spurred a risk-on rally.

US stocks ended higher on Friday, driven by gains in big tech and chip companies, reported Xinhua. The Dow Jones Industrial Average rose 334.70 points, or 0.78 per cent, to 43,487.83. The S&P 500 added 59.

Dow Jones Industrial Average futures climbed 80 points, or 0.2%. Contracts tied to the S&P 500 and Nasdaq 100 were also up 0.2%. Bond yields were retreating again after Waller boosted the market ...

Treasury yields edged lower after Federal Reserve governor Christopher Waller said that it is “reasonable” to think that the central bank could cut interest rates in the first half of the year. The move came after the 10-year yield tumbled Wednesday to ...

The resulting positive wealth effect is undoubtedly boosting consumer spending, especially of retiring baby boomers, who are enjoying the windfalls in the value of their stock portfolios and homes.

History shows stocks can usually handle a gradual rise in yields just fine, according to analysts at Goldman Sachs. But the S&P 500 has tended to struggle if the 10-year yield moves more than two standard deviations, which would currently be equal to around 60 basis points, or 0.6 percentage points, in a month, they found (see chart below).